GITNUX MARKETDATA REPORT 2024

Grocery Store Industry Statistics [Fresh Research]

Statistic 1

"Organic food sales in the U.S. grocery store industry reached $56.4 billion in 2020."

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Statistic 2

"The fastest growing segment in the grocery store industry is the meal-kit delivery services, which grew by 20% in 2020."

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Statistic 3

"Grocery stores employ nearly 2.7 million people in the U.S."

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Statistic 4

"The fresh produce segment accounts for around 30% of grocery store revenue."

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Statistic 5

"Kroger is the leading grocery store chain in the United States, with sales reaching $132.5 billion in 2020."

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Statistic 6

"35% of consumers indicated they choose their primary grocery store based on location convenience."

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Statistic 7

"Private label or store-brand products account for 17% of total grocery sales in the U.S."

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Statistic 8

"The typical inventory turnover ratio for grocery stores is about 15 times per year."

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Statistic 9

"Online grocery sales accounted for 12.4% of total grocery sales in the U.S. in 2020."

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Statistic 10

"The global grocery store market size was valued at $11.7 trillion in 2020."

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Statistic 11

"About 47% of grocery shoppers in the U.S. are using mobile apps to assist with their shopping."

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Statistic 12

"65% of U.S. consumers prefer in-store grocery shopping over online shopping."

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Statistic 13

"There are approximately 38,307 supermarkets and grocery stores in the U.S. as of 2020."

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Statistic 14

"Approximately 70% of grocery store product assortments are composed of packaged foods and beverages."

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Statistic 15

"Discount grocery stores have increased their market share to 6% in the U.S."

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Statistic 16

"The U.S. grocery store industry generated $758.5 billion in sales in 2020."

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Statistic 17

"The average profit margin for a grocery store is between 1% and 3%."

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Statistic 18

"Self-checkout machines are present in approximately 55% of U.S. grocery stores."

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Statistic 19

"The average American household spends roughly $4,643 annually at grocery stores."

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Statistic 20

"The average size of a grocery store in the U.S. is about 41,500 square feet."

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